Sr. Revenue Manager
Company: Essex Property Trust, Inc.
Location: Irvine
Posted on: August 5, 2022
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Job Description:
Essex provides great communities in which to live, work and
invest. We are a purpose-driven company, and we pride ourselves on
promoting an internal culture of growth and opportunity by
engaging, enabling and empowering our teams. We are a team of
nearly 1,800 employees who come together every day to provide
exceptional experiences for our residents. Sr. Revenue Manager Job
Description The Sr. Revenue Manager is a key role within the
organization responsible for monitoring property and portfolio
performance and identifying opportunities to maximize revenue.
Collaborating with Property Operations, the Revenue Manager will
provide support with daily pricing of new lease and renewal
transactions and supply analysis related to market trends, revenue
strategies and rate tactics. A successful candidate will be results
oriented with exceptional communication and analytical skills.
Though Apartment industry experience is not required, direct (or
similar) experience is a plus. This position offers an opportunity
to contribute in an exciting, fast-paced company, and to be part of
a growing organization. Responsibilities include, but are not
limited to: - Effectively analyze operational metrics, historical
trends and relevant market data that impact property performance
and, in collaboration with Property Operations, determine pricing
strategies for both new lease and renewal transactions for a 15,000
unit portfolio. - Communicate observations regarding non-price
related issues to appropriate management personnel. - Conduct
regular teleconference meetings with Community Managers and the
respective Regional Portfolio Managers to set pricing at the
property level and evaluate system compliance. - Work with Director
of Revenue Management to set and manage parameters in the revenue
management system (RMS) that drive pricing and software
performance. - Provide regular reporting regarding revenue trends
and metrics related to the revenue management program and benchmark
internal performance to competitive peer group by submarket. Assist
with ad hoc reporting requests as needed. - Assist in the ongoing
education of property staff regarding pricing practices and the
revenue Management software. - Support and assist in modification
of training materials for Revenue Management tools and processes. -
Serve as liaison between departments to ensure consistent
communication is delivered to all stakeholders regarding issues
related to the RMS software platform and/or process enhancement
requests. - Assume a leadership role in strategic projects and
intra-department initiatives. - Other tasks as assigned.
Qualifications: - Strong knowledge of revenue management concepts,
tactics, and processes. - Strong knowledge of multi-family
operations including the impact of tactical based decisions. -
Experienced leader capable of developing, coaching and inspiring a
broader team. - Highly motivated and flexible, possessing the
ability to take initiative, to succeed while under pressure, and
meet deadlines. - Strong interpersonal skills with the ability to
influence others. - Ability to think analytically and should be a
problem solver. - Ability to bring new ideas to the table, not
merely execute tasks as directed from above. - Ability to gather
and interpret relevant data and information. - Solid mathematical
aptitude. - Effective presentation skills and ability to respond to
questions from a group - Ability to read and write English; speak
English and understand spoken English Our associates are offered
competitive salaries, experience career growth, and are eligible
for benefit packages that include medical, dental, vision, 401k
employer match, excellence rewards, wellness programs and much
more. With our Sunday property operations office closures and over
15 PTO days, work/life balance is a priority! Additionally most
positions are eligible for a housing discount of 20% or more if you
live onsite. Essex requires that all successful applicants must be
fully vaccinated against COVID-19 as a condition of employment and
provide proof of vaccination prior to commencement of employment.
Essex is an equal opportunity employer and will consider requests
for exemption from this policy as a reasonable accommodation
consistent with federal, state, and local law. All offers of
employment are contingent upon complying with Essex's vaccination
policy.
Keywords: Essex Property Trust, Inc., Irvine , Sr. Revenue Manager, Executive , Irvine, California
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